Hector Graphics,Inc

question 17

Multiple Choice

Hector Graphics,Inc.,is laying off a number of its skilled designers because of the loss of some major clients.Priam Designs,Inc.,is Hector Graphics' major competitor.Priam Designs landed a couple of Hector Graphics' old clients,and Priam Designs expects to gain more clients in the next 12 months.As the HR director of Priam Designs,Inc.,you approach the CEO to ___________________.You believe that this will maintain morale at Priam Designs while increasing its numbers of designers.

• A) advise terminating 15 percent of Priam Designs' lowest-performing designers and replacing them with high-quality former Hector Graphics designers.
• B) discuss freezing designers' salaries at Priam Designs because Priam Designs' designers will have fewer alternative employers in the area now that Hector Graphics has downsized. Then you will hire new Priam Designs employees at the frozen salaries.
• C) propose that new designer positions should be created at Priam Designs for designers so that you can hire the best designers Hector Graphics is laying off.
• D) outsource design work to laid-off Hector Graphics designers as independent contractors because they will be eager for any work, and they will be willing to work for lower salaries without medical and other benefits.

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Definitions:

Lecture

An educational talk to an audience, particularly to students in a university or college, focusing on a particular subject or topic.

Spending

The act of using money to purchase goods or services, often considered in the context of personal, government, or business expenditures.

Income

The financial gain acquired by an individual or a business in exchange for providing labor, product, or service or through investing capital.

Economy

The system of production, distribution, and consumption of goods and services within a society, encompassing various sectors like agriculture, manufacturing, and services.